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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: larry who wrote (16685)1/1/1999 3:22:00 AM
From: oldcrow  Read Replies (4) of 27307
 
>>>Imagine that a person who is nervous about the burst of the bubble but also want to delay the tax payment for another year. What is this person going to do?<<<

He's going to sit pat, hope that YHOO goes down on Monday so he can buy more....he'll be happy as can be come Jan 12! and Feb 12 and Mar 12 etc. etc.

Here is how I see Monday unfolding:

1) a drop to 227-230 first thing....bears will love it...and think the end is finally at hand.

2) Smart money will be adjusting their scopes and oiling their rifles while the bears rush into range.

3) Then WWHHHAAAMMMM...the trap springs! Bear fur, guts, and howls of pain...everywhere.

4) Smart money will be looking down at the carnage from its wildlife helicopter...giggling in ecstacy at how easy it is to bait and kill these foolish bears (just throw them a little garbage to feed on...let 'em move in...then let 'em have it...works everytime...you'd think bears would be tired of the routine by now)

5) End result...
(a) YHOO at 254
(b) Smart money starting off the new year by scooping up one of the strongest net stocks in the free world at a dream price (hey, they gotta make sure they make some money in '99)
(c) Bears wondering where they went wrong (again)
(d) Bulls happy and content (as usual) to enjoy the ensuing run-up
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